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HSBC first quarter profit jumps as costs drop HSBC first quarter profit jumps as costs drop

Europe's largest bank made $6.2bn (£4.8bn) before tax in the three months to March, up from $4.8bn in the same period a year earlier


VAT law to take effect from budget day
VAT law to take effect from budget day

The NBR chairman says this while addressing a pre-budget meeting with the Economic Reporters Forum (ERF) at the NBR building in the city’s Segunbagicha area


ADB continues to deliver dev results for Asia and Pacific: Report ADB continues to deliver dev results for Asia and Pacific: Report

The 2018 Development Effectiveness Review (DEfR), the 12th in the series of annual performance reports prepared by ADB, was launched in Nadi


US Fed defies Trump and holds interest rates US Fed defies Trump and holds interest rates

The central bank said borrowing costs will remain at between 2.25%-2.5%


Eurozone economy picks up in Q1, growth doubles to 0.4% Eurozone economy picks up in Q1

Eurostat, the European Union's statistics agency, said Tuesday that the eurozone economy expanded by 0.4% in the first quarter from the previous three-month period


Bangladesh can prosper with more jobs for women: WB report Bangladesh can prosper with more jobs for women: WB report

Women in Bangladesh have also fewer choices than men in where they save and borrow money


US oil sanctions take effect on Venezuela as crisis intensifies US oil sanctions take effect on Venezuela

Until the crisis, Venezuela exported 500,00 barrels a day to the United States, its largest customer, with PDVSA omnipresent


Revitalising capital market is important: Salman F Rahman Revitalising capital market is important: Salman F Rahman

He also emphasised restoring the confidence of all stakeholders related to country's capital market


US growth rate beats expectations US growth rate beats expectations

The economy has accelerated since the previous quarter, when it grew at a pace of 2.2%


Sri Lanka fears up to $1.5 billion tourism losses Sri Lanka fears up to $1.5 billion tourism losses

The Islamic State group says it carried out the attack and the government says it believes local extremists were at least inspired by IS militants


Microsoft hits $1 trillion market valuation Microsoft hits $1 trillion market valuation

It makes it one of only three US public firms to have hit the $1tn mark, the others being Apple and Amazon


Govt to procure 13 lakh tonnes of food grains in Boro season Govt to procure 13 lakh tonnes of food grains in Boro season

The government will buy parboiled rice at Taka 36 per kg while atap rice at Taka 35 per kg and Boro paddy at Taka 26 per kg, Food Minister Sadhan Chandra Majumder says


Bangladesh earns Tk 20.39 cr from tea export Bangladesh earns Tk 20.39 cr from tea export

The minister said this on behalf of the Commerce Minister Tipu Munshi while responding to a query placed by treasury bench lawmaker Enamul Haq in Jatiya Sangsad 


Security alert at Sri Lanka central bank lifted

Sri Lanka central bank shut amid bomb scare

Workers were allowed to leave the bank, the sources says


Mannan for tapping huge potentials of blue economy Mannan for tapping huge potentials of blue economy

He urges the students of the Department of Oceanography to explore newer potentials in this sector 


US new home sales jump in March US new home sales jump in March

The housing industry is a key driver of the economy and, with the Federal Reserve signaling interest rates will not rise this year


CPD seeks “actual data” on GDP analysis CPD seeks “actual data” on GDP analysis

CPD fellow Dr Debapriya Bhattacharya appreciates the government for the steady GDP rise and expresses concern about other aspects of national development


Iran oil: US to end sanctions exemptions for major importers US to end Iran oil sanctions exemptions

This decision is intended to bring Iran's oil exports to zero, denying the government its main source of revenue


Stock market is not in bad condition: Kamal Stock market is not in bad condition: Kamal

Kamal says that the index of the country’s premier bourse earlier rose up to 5,900 from 4,500. Then it came down at 5,300. “It’s not a problem for the stock market”


RAKUB recovers Taka 200 crore in Boishakhi Mela RAKUB recovers Taka 200 crore in Boishakhi Mela

The bank arranged a daylong fair in all its 381 branches in all 16 districts under Rajshahi and Rangpur divisions early last week


Huge revenue evaded in tobacco sector Huge revenue evaded in tobacco sector

Revenue collection from the tobacco sector may fall short of the estimate by Tk 2,000 crore in the current fiscal year, NBR sources said


How expats can secure long-term visa in UAE How expats can secure long-term visa in UAE

Property investors can invest in more than 40 communities across the UAE, mainly in Dubai, to secure a long-term visa and better returns on their investment


Farmers eye bumper mango output in Rangpur region Farmers eye bumper mango output in Rangpur region

The process of tender mango formation continues smoothly predicting bumper production of the most popular fruits this season


IMF approves $118.2 mn rapid credit for Mozambique IMF approves $118.2 mn rapid credit for Mozambique

The zero-interest, 10-year loan will help shore up the country’s budget amid the reconstruction efforts after the massive damage caused last month by Cyclone Idai, the IMF says


JP Morgan: Is Wall Street's first female boss a step closer? Is Wall Street's first female boss closer?

The promotion means that Ms Lake could be a potential successor to chief executive Jamie Dimon


Climate change: Central banks warn of financial risks in open letter Central banks warn of financial risks in open letter

The heads of two major central banks have written a stark warning about the financial risks of climate change


EU proposes tariffs on £15bn of US products in Boeing row EU proposes tariffs in Boeing dispute

The proposal comes after the WTO said earlier this month that the US had failed to remove some Boeing subsidies


Siddiqur blames EPB for illegal BGMEA building Siddiqur blames EPB for illegal BGMEA building

Siddiqur Rahman makes the remarks while speaking at a views-exchange meeting with journalists at the new BGMEA building in Uttara


China growth beats forecasts as economy shows signs of stability China growth beats forecasts as economy shows signs of stability

Beijing faces a delicate balancing act as it tries to support businesses in need of credit, without further inflating its debt balloon


Grameenphone refuses to pay Tk 12,580cr demanded by BTRC GP refuses to pay BTRC’s demand Tk 12,580cr

In a letter to BTRC, Grameenphone requests that the demand be withdrawn and also requests discussions with a view to find an amicable resolution


Johnson & Johnson posts strong revenue in 1Q Johnson & Johnson posts strong revenue in 1Q

Lower sales overseas and higher costs for research and litigation pushed Johnson & Johnson’s first-quarter profit down 14%


Bangladesh set to see more Japanese entrepreneurs: Envoy  Bangladesh set to see more Japanese entrepreneurs: Envoy

Analysing the current situation of the foreign companies and listening to their requests are essential to make the overall investment-environment more


Excellent litchi growth makes farmers happy in Rangpur region

Excellent litchi growth makes farmers happy in Rangpur region

Increasing number of farmers are showing keen interests in expanding litchi farming on commercial basis after getting repeated bumper production


World stocks push higher on US bank results, Disney World stocks push higher on US bank results, Disney

Total imports sank 7.6 percent year-on-year last month while exports rose 14.2 percent, the data from China’s customs administration showed


Is Uber really worth $100bn? Is Uber really worth $100bn?

The taxi app and delivery business is America's biggest venture capital-backed company


Bhutan keen to boost trade with Bangladesh Bhutan keen to boost trade with Bangladesh

There are huge potentials to develop the bilateral trade further.The trade relation can be taken to new height by effective communication and followup


Battery manufacturers target to raise annual export to $250mn Battery manufacturers target to raise annual export to $250mn

There is a battery market of Tk 8,000 crore and most of which is supplied by local producers


Uber warns it may not make a profit in IPO documents Uber warns it may not make a profit

It will list its shares on the New York Stock Exchange, in a deal likely to value the US firm at about $100bn (£76.5bn)


Uber readies its massive IPO after a long, bumpy road Uber readies its massive IPO after a long, bumpy road

Uber is expected to file paperwork as soon as Thursday in what is likely to be one of the biggest public offerings ever for a technology company

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